A man walks by the Bank of America headquarters in New York on July 18, 2023.
Customers at several big banks on Friday wrestled with direct deposit delays stemming from an industry-wide processing issue.
There was a surge of "outages" reported by banking customers Friday morning, including Bank of America, Chase, Truist, U.S. Bank and Wells Fargo, according to Downdetector.
All Federal Reserve Financial Services are now operating normally, according to a Federal Reserve statement released Friday.
Banks are now working to correct the errors in those payments, he said.
Persons:
Chase, Gregory MacSweeney, Banks, Lee Henderson
Organizations:
Bank of America, U.S . Bank, Financial Services, Finance, Social Security, Fed, Electronic Payments, CNBC
Locations:
New York, Truist, U.S, Wells Fargo